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Navigating the process of buying a new home in Dozier, AL while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Dozier, AL or getting it ready for the market.
Identify the new home you want to buy in Dozier, AL, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Dozier, AL often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Dozier, AL to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Dozier, AL. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Dozier, AL do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Dozier, AL may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Dozier, AL provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Dozier, AL to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans can provide quick access to funds, allowing homeowners to bridge the gap between the purchase of a new home and the sale of their current one. This can be especially beneficial in Dozier, Alabama, where the housing market is competitive and moving quickly. Demographics in Dozier show a mix of families and retirees, with a close-knit community feel. The median age is around 45, and the area is known for its friendly residents and laid-back Southern charm. The housing market in Dozier offers a range of options, from historic homes to new developments. With the help of a bridge loan, buyers can secure their dream property without the stress of contingent offers, giving them a competitive edge in this market. Main attractions in Dozier include the Conecuh National Forest, a haven for outdoor enthusiasts, and the Crenshaw County Historical Society Museum, which offers a glimpse into the area's rich history. Additionally, the local farmers market is a popular spot for fresh produce and homemade goods.
Benefits of Bridge Loans in Dozier, Alabama
